India New Issue-Bajaj Finance to issue multiple-tenor bonds, bankers say

Bajaj Finance

02/07/2026 09:50

    MUMBAI, July 2 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 70 billion rupees ($735.51 million), including a greenshoe option of 55 billion rupees, through the sale of bonds maturing in three years and three months, and 10 years, three bankers said on Thursday. 
It has invited coupon and commitment bids for the issue on Friday, they said. 
The company did not immediately respond to a Reuters request for comment. 

    
  Here is the list of deals reported so far on July 2: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Bajaj Finance
3 years and 3 months
To be decided
10+30
July 3
AAA (Crisil)
Bajaj Finance
10 years
To be decided
5+25
July 3
AAA (Crisil, Icra)

            IIFCL
          
4 years and 11 months
To be decided
5+15
July 3
AAA (Care, Icra)

            Aditya Birla Capital
Apr 2036 reissue
          
9 years and 10 months
To be decided
2+4
July 3
AAA (Crisil)

            NIIF Infra Finance
          
5 years and 5 months
7.80
6.85
July 1
AAA (Icra)
NIIF Infra Finance
9 years and 11 months
7.95
3
July 1
AAA (Icra)

*Size includes base plus greenshoe for some issues


($1 = 95.1725 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra)
 ((Dharamraj.dhutia@tr.com, khushi.malhotra@tr.com))